EconStor Collection: Center Discussion Papers, Economic Growth Center (EGC), Yale Universityhttp://hdl.handle.net/10419/271
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Economic Growth, International Technological Spillovers and Public Policy: Theory and Empirical Evidence from Asiahttp://hdl.handle.net/10419/98399
Title: Economic Growth, International Technological Spillovers and Public Policy: Theory and Empirical Evidence from Asia
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<br/>Authors: Evenson, Robert E.; Singh, Lakhwinder
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<br/>Abstract: This paper examines, within the new growth theory framework, the contribution of international technological spillovers using panel data for eleven Asian countries over the period 1970-93. A country's productivity growth is shown to depend not only on its domestic R&D investment but also on the R&D investment of its trading partners. The evidence for such positive international technological spillovers is strong. This paper also shows that the beneficial effects of international technological spillovers on productivity growth are stronger in South East Asian countries than that of of South Asian countries.Tue, 29 Oct 1996 22:58:59 GMTMicroeconomic Flexibility in Latin Americahttp://hdl.handle.net/10419/98398
Title: Microeconomic Flexibility in Latin America
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<br/>Authors: Caballero, Ricardo J.; Engel, Eduardo M.R.A.; Micco, Alejandro
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<br/>Abstract: We characterize the degree of microeconomic inflexibility in several Latin American economies and find that Brazil, Chile and Colombia are more flexible than Mexico and Venezuela. The difference in flexibility among these economies is mainly explained by the behavior of large establishments, which adjust more promptly in the more flexible economies, especially when accumulated shocks are substantial. We also study the path of flexibility in Chile and show that it declined in the aftermath of the Asian crisis. This decline can account for a substantial fraction of the large decline in TFP-growth in Chile since 1997 (from 3.1 percent per year for the preceding decade, to about 0.3 percent after that). Moreover, if it were to persist, it could permanently shave off almost half of a percent from Chile's structural rate of growth.Wed, 29 Oct 2003 22:58:59 GMTMeasuring the Determinants of School Completion in Pakistan: Analysis of Censoring and Selection Biashttp://hdl.handle.net/10419/98397
Title: Measuring the Determinants of School Completion in Pakistan: Analysis of Censoring and Selection Bias
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<br/>Authors: Holmes, Jessica
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<br/>Abstract: This paper explores the demand for child schooling in Pakistan, using the Pakistan Integrated Household Survey (1991). There have been few such studies for Pakistan, a country with relatively low enrollment rates and education levels, high illiteracy, and large disparity between male and female education. Additionally, this study focuses on two potential sources of bias in the estimation of the demand for schooling. First, studies which do not distinguish between currently enrolled children and those who completed their schooling subject their estimates to a form of censoring bias, Second, studies which exclude children who have left the household from their samples may introduce sample selection bias if the decisions to leave home and to attend school are related. This study finds evidence of both 'censoring' and 'sample selection' bias in the demand for child schooling in Pakistan.Thu, 29 Oct 1998 22:58:59 GMTSanctions on South Africa: What Did They Dohttp://hdl.handle.net/10419/98396
Title: Sanctions on South Africa: What Did They Do
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<br/>Authors: Levy, Philip I.
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<br/>Abstract: This paper considers the economic sanctions that were applied in the mid-1980s to pressure the South African government to end apartheid. It asks what role those sanctions played in the eventual demise of the apartheid regime and concludes that the role was probably very small. An alternative explanation for the regime change is offered: the communist bloc combined to bring about the change. If one is to argue for the efficacy of sanctions, two key obstacles are their limited economic impact and the substantial lag between the imposition of sanctions and the political change. Since sanctions preceded the change of government, it is impossible to rule them out as a determinant. However, their principal effect was probably psychological. The implication is that the South African case should not serve as the lone major instance of effective sanctions.Thu, 29 Oct 1998 22:58:59 GMT